The US central bank announced on Thursday it will resume its policy of pumping more money into the economy via so-called quantitative easing which consists of buying additional agency mortgage-backed securities at a pace of 40 billion dollars per month. Read full article
Comments
Disclaimer & comment rulesDevaluing the dollar makes debt repayment easier but impoverishes the average citizen and damages companies.
Sep 13th, 2012 - 09:11 pm - Link - Report abuse 0I thought this was supposed to INCREASE jobs?
I thought this was supposed to INCREASE jobs?
Sep 14th, 2012 - 04:11 am - Link - Report abuse 0Really? If you really thought that, than i was all the time right about you, you are a moron.
Mission is clear. Devalue the dollar, enrich the banksters who defrauded, continue to defraud us here in the US and Europe (include that corrupt cesspool the UK) and the people can enjoy the the good old Feudal world.
@2 Fido Dildo aka The Moron In Chief
Sep 14th, 2012 - 10:41 am - Link - Report abuse 0Because you obviously keep your head stuck on MercoPress whilst others actually look at what the so called world leaders 'say' I was being ironic.
Obarmy and Bernanke both claim that the stimulus (QE3) was to 'ensure the creation of more jobs'. It was not a statement that I made.
AND, if you had read AND UNDERSTOOD my post then your moronic comment comes from a need to lambast Brits and Americans irrespective of the facts.
You really are an absolute cnut.
Investment in the real economy would be better, it really would create jobs
Sep 15th, 2012 - 02:09 am - Link - Report abuse 0Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!